Domestic High-NPI Production Down Slightly in August
31/08/23 | Nickel
Shanghai Nonferrous Metals News Domestic high-NPI production slid slightly in August due to higher production costs in light of increased nickel laterite prices from Indonesia, seeing domestic high-NPI (8~12 % Ni) prices lift to RMB 1,175/Ni unit. However, downstream demand from stainless steel smelters was relatively weak, which is likely…
Ni Laterite Imports Remain at High Levels
21/07/23 | Nickel
Shanghai Nonferrous Metals News China Customs: China imported 5.29 mln of nickel ores in June 2023 (WMT and DMT combined), up by 41.6% m-o-m but down by 22.7% y-o-y. China imported 5.24 mln t of nickel laterite in June 2023, up by 41.1% m-o-m and up by 23% y-o-y. Of…
Domestic NPI Production of 29.9 kt in May 2023
13/06/23 | Nickel
Shanghai Nonferrous Metals News China produced 745 kt of NPI (converted to 29.9 kt in Ni metal) in May 2023, up by 9% m-o-m but down by 17% y-o-y in actual tonnage. Thanks to stable nickel laterite prices at low levels, domestic NPI prices were relatively steady during May. Meanwhile,…
China NPI Production at 28.4 kt
17/05/23 | Nickel
Shanghai Nonferrous Metals News China produced 28.4 kt of NPI (in Ni metal) in April 2023, seeing actual NPI production at 243 kt, down by 4.7% m-o-m and down by 25% y-o-y. Despite improved NPI prices in April, some domestic NPI smelters were still operating under production cuts due to…
China Imports 537 kt of NPI in October 2022
22/11/22 | Nickel
Fubao News China imported 537 kt of NPI in October 2022, down by 16.8% m-o-m but up by 79.6% y-o-y. Of the total, 487 kt of NPI was imported from Indonesia, down by 109 kt or 19.7% m-o-m, but up by 238 kt or 95.6% y-o-y. China imported 4.68 mln…
Indonesia: 404 kt of NPI Production as of Mid-Nov
15/11/22 | Nickel
China Nonferrous Metals News Indonesian MODI: As of 14th November, Indonesia produced 34.94 kt of tin in 2022, achieving 49.9% of its annual target. The country’s NPI production was 404.57 kt, and nickel matte (MHP) production was 62.08 kt, achieving 24.24% and 73.99% of the annual production targets respectively.
Indonesian PENTA 8 mtpy Ni Laterite Project Commences
15/11/22 | Nickel
China Nonferrous Metals News 10th November: The Indonesian PENTA 8 mtpy nickel laterite project, under EPC contract jointly between the southern China Branch of CEEC (China Energy Engineering Cooperation) and CEEC Guangdong Thermal Power has started construction. Designed with 8 mtpy capacity and covering an area of 1,220 hectares, the…
China Produces 35.7 kt of NPI in October
11/11/22 | Nickel
Shanghai Nonferrous Metals News SMM: China produced 35.7 kt of NPI (in Ni metal) in October 2022, up by 14.2% m-o-m and up by 14.6% y-o-y. The demand for NPI rose rapidly boosted by increased operations of downstream stainless steel smelters in the wake of soaring prices and higher profit…
China Imports 645 kt of NPI in September
26/10/22 | Nickel
Shanghai Nonferrous Metals News China Customs: China imported 645.88 kt (actual tonnage) of NPI in September 2022, up by 3.29% m-o-m and up by 121.76% y-o-y. Indonesia is the largest NPI supplier to China, with 606.76 kt of exports, up by 4.13% m-o-m and up by 149.13% y-o-y.
